How would they come up with the Fair Value? Could that be $0 considering they would be willing to leave the items or trash them?

Makes sense. Could the company value the assets at $0 as they would be willing to leave them or trash them? What other process would they use to value the asset...

Thanks for the response. I understand the business side. But if the book value is $0 to the company, is there a tax impact to the employee who receives that ass...